Bowlero shares are trading higher after the company reported better-than-expected Q4 sales results and issued FY25 revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Bowlero's shares rose following the announcement of Q4 sales results that exceeded expectations and FY25 revenue guidance that surpassed estimates.
September 06, 2024 | 11:29 am
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POSITIVE IMPACT
Bowlero's stock price increased due to better-than-expected Q4 sales and optimistic FY25 revenue guidance.
The positive Q4 sales results and higher-than-expected FY25 revenue guidance are likely to boost investor confidence, leading to a rise in Bowlero's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100